Price for Silicates; Commercial Alkali Metal Silicates in Iran - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Iran (FOB) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Iran (CIF) - 2022
  3. Exports of Silicates; Commercial Alkali Metal Silicates in Iran
  4. Imports of Silicates; Commercial Alkali Metal Silicates in Iran

Price for Silicates; Commercial Alkali Metal Silicates in Iran (FOB) - 2022

The average export price for silicates; commercial alkali metal silicateses stood at $383 per ton in 2022, rising by 70% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates export price increased by +95.1% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($899 per ton), while the average price for exports to Oman ($165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Iran (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $941 per ton, declining by -35.2% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 20%. Over the period under review, average import prices attained the maximum at $1,693 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($5,704 per ton), while the price for Turkey ($542 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Silicates; Commercial Alkali Metal Silicates in Iran

In 2022, the amount of silicates; commercial alkali metal silicateses exported from Iran skyrocketed to 15K tons, growing by 61% compared with 2021 figures. Overall, exports, however, continue to indicate a drastic downturn.

In value terms, silicates; commercial alkali metal silicates exports skyrocketed to $5.9M in 2022. In general, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silicates; Commercial Alkali Metal Silicates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,4422,6311,1894,49746.1%
Azerbaijan84.625928533558.2%
ItalyN/AN/AN/A2910%
Oman2749.925.3230-5.7%
Tanzania12927358.917711.1%
United Arab Emirates3.695037676.0176.4%
Afghanistan1,751N/AN/AN/A0%
Others12.145.4200247173.3%
Total3,6974,1682,1345,85216.5%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Iran in 2022:

  1. Turkey (10.9K tons)
  2. Oman (1.4K tons)
  3. Azerbaijan (1.2K tons)
  4. Tanzania (0.7K tons)
  5. Italy (0.3K tons)
  6. United Arab Emirates (0.3K tons)

Imports of Silicates; Commercial Alkali Metal Silicates in Iran

In 2022, imports of silicates; commercial alkali metal silicateses into Iran fell notably to 310 tons, shrinking by -90% compared with the previous year. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 4.5% against the previous year.

In value terms, silicates; commercial alkali metal silicates imports shrank rapidly to $292K in 2022. Overall, imports showed a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year.

Import of Silicates; Commercial Alkali Metal Silicates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India26.98203,36713772.1%
China4,3452,344480104-71.2%
Turkey48446644232.9-59.2%
ThailandN/AN/AN/A9.30%
Italy21286.541.18.4-65.9%
Others6312871880.9-88.7%
Total5,6984,0034,518292-62.9%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Iran in 2022:

  1. China (134.4 tons)
  2. India (101.6 tons)
  3. Turkey (60.7 tons)
  4. Thailand (7.6 tons)
  5. Italy (5.9 tons)

Source: IndexBox Market Intelligence Platform

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